Jfr Financial Services, Inc. (Trenton)

Name: Jfr Financial Services, Inc.
Address: 3133 Van Horn, Trenton, MI, 48183
Telephone: 734-692-1421

Jfr Financial Services, Inc. is a large advisory firm based in Trenton. It manages $163.88 million of regulatory assets for 617 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, Michigan, and Texas.

Jfr Financial Services provides financial planning services, portfolio management for individuals and small businesses, publication of newsletters, and consultation, educational workshops and seminars. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jfr Financial Services: assets under management

The assets under management (AUM) of Jfr Financial Services, Inc. is $163.88 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $163.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $265.6 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 96% of the total AUM. The second-largest asset type is exchange traded securities, which make up 4% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jfr Financial Services, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jfr Financial Services serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Jfr Financial Services is individuals with 346 clients and $91.6 million of assets under management. Among the 10 most similar advisory firms, Jfr Financial Services has the 4th highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $163.88 million for 396 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Jfr Financial Services doesn't advise any private funds.

Careers at Jfr Financial Services, Inc.

The company employs 11 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Forester Robbins	President and chief compliance officer	1 Apr 2003	75% - 100%	1109861

Based in Trenton

The principal office where Jfr Financial Services, Inc. performs its advisory services is located at 3133 Van Horn, Trenton, MI 48183 The mailing address of the firm is P.O. Box 130, Trenton, MI 48183 0130. An additional office of the firm is in Grosse Ile, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 734-692-1421 or by fax 734-692-1902. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at jfrfinancial.com.